542 Gurunank Lane
$1,688,000
Royal Bay
Interested in this home?
Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.
About this home
Experience the pinnacle of West Coast living at 542 Gurunank Lane, a quality-built 2017 custom home by an experienced local builder. Situated on arguably the best lot in Wishart Gardens and backing onto protected green space, this 3,600+ sqft residence offers unobstructed, panoramic views of the Salish Sea and Olympic Mountains from all three levels. The main floor features an open-concept chef’s kitchen with quartz counters, a gas range, and a wrap-around balcony designed for entertaining. Retreat to the upper level’s primary suite, boasting a luxury ensuite and private balcony prepped for a hot tub. This home prioritizes efficiency with a central heat pump and hot water on demand, plus a lower-level rec room and massive storage. A major highlight is the legal 2-bedroom suite with a private entrance and exquisite views, currently a high-earning short-term rental. Located minutes away from the new Commons retail village for shopping and dining, top-rated schools, scenic parks, forested hiking trails, and the prestigious Olympic View Golf Club. (id:65179)
Property details
From the listing's public record.
Lot size
5,589 square feet
Year built
2017
Taxes
$7,560/yr
Strata / HOA
$190/month
Zoning
Residential
View
Appliances
Heating
Cooling
Lot
Style
Community
Price history
2 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Apr 16, 2026
Listed $1,688,000
Active74 days on marketMLS 1031571Jun 10, 2022
Listed $1,799,000
Expired183 days on marketMLS 905831
How this listing compares
Based on 8 sales in Royal BayMedian sold
$658,822
Avg days on market
80 days
Avg sale-to-list
100.6%
Avg $/sqft
$752
Price per square foot
Below area average
Current market in Royal Bay
Active (same type)
16
Pending
36
All active listings
45
Months of supply
24
Buyer's market — 24 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$1,570,000
Land
$647,000
Improvements
$923,000
Homes in Colwood sell at 100.8% of assessed value on average.
Based on 32 recent sales.
Local price trend
How Royal Bay has moved over the last decade.
Local price index (normalized) · 41 months
Recent nearby sales
12 sales203-3111c Havenwood Lane
$687,500
2 bd · 2 ba · 1,143 sqft · $601/sqft · 25 days on market
Sold Jun 18, 2026 · 98.2% of list
407-3223 Selleck Way
$633,000
2 bd · 2 ba · 1,055 sqft · $600/sqft · 34 days on market
Sold Jun 16, 2026 · 98.1% of list
102-3564 A Ryder Hesjedal Way
$677,000
2 bd · 2 ba · 1,179 sqft · $574/sqft · 266 days on market
Sold Jun 1, 2026 · 96.7% of list
414-611 Brookside Rd
$350,000
1 bd · 1 ba · 573 sqft · $611/sqft · 43 days on market
Sold May 26, 2026 · 94.6% of list
207-627 Brookside Rd
$508,000
2 bd · 2 ba · 850 sqft · $598/sqft · 75 days on market
Sold May 21, 2026 · 97.7% of list
309-360 Goldstream Ave
$425,000
2 bd · 1 ba · 874 sqft · $486/sqft · 17 days on market
Sold May 11, 2026 · 94.5% of list
213-2220 Sooke Rd
$480,000
2 bd · 2 ba · 1,023 sqft · $469/sqft · 85 days on market
Sold Apr 29, 2026 · 98.2% of list
106-3234 Holgate Lane
$865,000
2 bd · 2 ba · 1,577 sqft · $549/sqft · 12 days on market
Sold Apr 14, 2026 · 98.3% of list
102-3582 Ryder Hesjedal Way
$461,895
1 bd · 1 ba · 474 sqft · $974/sqft · 4 days on market
Sold Mar 31, 2026 · 102.7% of list
404-3234 Holgate Lane
$570,000
1 bd · 1 ba · 805 sqft · $708/sqft · 30 days on market
Sold Mar 30, 2026 · 95.2% of list
403-3223 Selleck Way
$1,084,900
2 bd · 2 ba · 1,787 sqft · $607/sqft · 41 days on market
Sold Mar 3, 2026 · 98.6% of list
202-3111a Havenwood Lane
$610,000
2 bd · 2 ba · 1,221 sqft · $500/sqft · 87 days on market
Sold Feb 13, 2026 · 96.8% of list
Interested in this home?
Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.
Listed by Royal LePage Coast Capital - Chatterton